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Europe in 2015: A Fragmented Regulatory Landscape for Online Gaming

Europe in 2015: A Fragmented Regulatory Landscape for Online Gaming

Europe was a confusing destination to do gambling company in 2015. Video Gaming regulations within the EU lacked harmony, regardless of the most useful efforts of the European Commission.

Europe faced a boatload of regulatory issues in 2010. No concern, 2015 was a challenging 12 months for online gaming operators into the EU, as tighter regulations from numerous countries created a more and more fragmented landscape that is regulatory.

From taxation levels to player pools, Europe stays an unharmonious online video gaming space.

Meanwhile, the EU that are new on digital services, plus the British point of consumption tax, squeezed operators’ margins and ushered in a period of consolidation for the gambling industry.

Several countries decided to go with to regulate online gambling and start up their markets to international operators, increasing the tax headache for businesses who desired to engage with these new licensed markets.

Hoping to raise some much-needed tax income, Portugal’s cash-strapped government finalized its brand new online gambling bill into law in June, however the new regime’s taxation demands were criticized by the industry to be overly complex and punitive. That’s because poker and casino revenue is now taxed between 15 % and 30 percent based on an operator’s yearly income.

Portugal’s decision to permit the previous state monopoly to spend up to 50 percent less taxation than the new

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投稿者 : bsaimin Casino Room Casino 2020年2月26日 コメント無し